Flat 4001, Maine Tower 9
Flat 4001, Maine Tower 9
Description & Estimates
Flat 4001, Maine Tower 9 is recorded publicly as a modern leasehold apartment across 2,400 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 4001, Maine Tower 9 is £1,533,699 and its rental estimate is £6,885 per month, given the available information and assuming reasonable condition.
Maine Tower, Harbour Way is a residential building on Harbour Way, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 4001, Maine Tower 9 has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4001, Maine Tower 9, we estimate a market value of £1,610,384 and a rental value of £7,229 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,426,340 and £6,403 per month respectively.
Recent Market Change
Over the last year, Flat 4001, Maine Tower 9 has seen its estimated sale value decline by £62,699 (4.1%) and its estimated rental value climb by £358 per month (5.2%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 4001, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 4001, Maine Tower 9 completed on 23rd December 2020 at £2,300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 43.3% over the period since December 2020.
- Sold Dec 2020£2,300,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4001, Maine Tower 9 have sold within a radius of 140 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th February 2022, was Flat 4003, Maine Tower 9, Harbour Way, London, E14 9DD, a leasehold flat which sold for £2,350,000.
Read more about house prices in E14.
- Sold Feb 2022£2,350,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 4003, Maine Tower 9, Harbour Way, London, E14 9DD
- Sold Sep 2021£2,600,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 4002, Maine Tower 9, Harbour Way, London, E14 9DD
- Sold Feb 2021£2,600,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 4004, Maine Tower 9, Harbour Way, London, E14 9DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 658 addresses on Harbour Way, London, E14, Flat 4001, Maine Tower 9 comes out as the largest and the most expensive in our analysis of the public data.
It is also £1.059m more expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 300mSeven Mills Primary School
- 600mArnhem Wharf Primary School
- 800mMulberry Wood Wharf Primary School
- 600mCanary Wharf College Crossharbour
- 1.5kmGeorge Green's School
- 1.6kmBacon's College
More reading links
Public Transport Nearby
From Flat 4001, Maine Tower 9, the nearest station is South Quay, 300 metres away.
- 300mSouth Quay
- 400mHeron Quays
- 500mCanary Wharf
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
